As we head towards a new era of the workforce and prepare ourselves to face Organisation 2020; organisation leaders are constantly presented with challenges in managing the human capital. With major socio-economic changes affecting work culture, recruitment, employee behaviour and so on, business leaders need to look beyond ‘management’ of resources.
Unlike some of the other business assets, if managed well, the human assets or the human resource of your company have the potential to constantly appreciate and yield multi-fold returns. All it takes is for the leadership team to integrate the human resource strategy in business strategy.
The HR departments roles is supporting organisational growth whilst keeping a fine balance between change and consistency is what keeps the rest of the organisation functioning smoothly. So, here’s how a typical start of the year should look for your HR team.
Working with people who have only seen a world surrounded and driven by technology and instant output, can indeed be challenging. At the same time, vice versa is also true. You can win over the new workforce by helping them manage these 5 challenges that they face.
While it is necessary to focus on overall development of all employees, there are a few employees who not only perform consistently; they also demonstrate potential of moving up the ladder through their thoughts, ideas and actions. Identifying and nurturing them are the key to organisational success.
Traditionally organisations have seen conflict as harmful because they cause unnecessary delays and hence something that must be avoided. However, the new school thinking is that ‘group think’ and lack of diversity almost guarantee a sub-optimal solution. I would say this sort of promotes conflicts. And I think I agree with it. Do you?
In an ideal world, organisations would like to have the flexibility to hire and fire, and have zero employee initiated resignations. However, in the real world you can’t avoid resignations. So let’s look at the 3 most common reasons that force an employee to resign, and see how best we can manage them.
There is a new breed of employee that has entered our workplaces – the millennials. What one needs to prepare for is the fact that millennials are an informed generation of employees with technology at their disposal. They are equipped to work in newer ways, and new ways of work demand a new set of formats, policies and rules.
For most employees, an ‘unsatisfied workplace’ becomes an easy escape route for low performance. For the employer, this under-performance then becomes a reason for poor growth, low revenues or at times a reason for layoffs. What they fail to realise is that employee satisfaction is a two-way street.
If your employees need constant supervision, it is a sign that they lack a sense of ownership… The onus of creating the right environment, where an employee proactively takes on responsibility thus lies with the leadership and management. Here’s how…